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Intermodal and Intramodal Competition in Passenger Rail Transport

Ivaldi, Marc; Vibes, Catherine - C.E.P.R. Discussion Papers - 2005

The objective of the paper is to elaborate a simulation model to analyse inter and intra-modal competition in the transport industry, based on game theory models. In our setting, consumers choose a transport mode and an operator to travel on a given city-pair; operators strategically decide on...

Persistent link: https://www.econbiz.de/10005656264

Alliances in the Air: Some Worldwide Evidence

Gagnepain, Philippe; Uribe, Marín; Luis, Pedro - C.E.P.R. Discussion Papers - 2005

We consider an empirical model of worldwide airlines’ alliances that we apply to a large set of companies for the period 1995-2000, with special attention to US and EU carriers. From the estimation of a cost, capacity and demand system that accounts for cross-price elasticities, we attempt to...

Persistent link: https://www.econbiz.de/10005666444

Regulation and Incentives in European Aviation

Gagnepain, Philippe; Uribe, Marín; Luis, Pedro - C.E.P.R. Discussion Papers - 2004

The aim of this Paper is to evaluate simultaneously market power and the incentives faced by carriers to improve efficiency, taking into account the regulatory changes that have affected the European airline industry. We construct and estimate a model that includes demand, capacity, and cost...

Persistent link: https://www.econbiz.de/10005667136

Entry, Cost Reduction and Competition in The Portuguese Mobile Telephone Industry

Gagnepain, Philippe; Pereira, Pedro - C.E.P.R. Discussion Papers - 2005

We study the effect of entry on costs and competition in the Portuguese mobile telephony industry. We construct and estimate a model that includes demand, network, and cost equations. The latter accounts for inefficiency and cost reducing effort. We show that failure to account for cost reducing...

Persistent link: https://www.econbiz.de/10005791373

Market Structure, Countervailing Power and Price Discrimination: The Case of Airports

Haskel, Jonathan; Iozzi, Alberto; Valletti, Tommaso - C.E.P.R. Discussion Papers - 2011

We study bargained input prices where up and downstream firms can choose alternative vertical partners. We apply our model to airport landing fees where a number of interesting policy questions have arisen. For example, what is the impact of joint ownership of airports? Does airline...

Persistent link: https://www.econbiz.de/10008854469

Cartels, Contracts and Centralization: The Transition to Futures Trading for Primary Commodities

Haskel, Jonathan - C.E.P.R. Discussion Papers - 1995

cartel/fringe model that incorporates search and contracting. The model predicts that cartel prices exceed those on the …

Persistent link: https://www.econbiz.de/10005504245

Do Consumers Search for the Highest Price? Equilibrium and Monopolistic Optimum in Differentiated Products Markets

Schulz, Norbert; Stahl, Konrad - C.E.P.R. Discussion Papers - 1995

We develop a model of search among substitutes for the best combination of commodity variant and price, in which the … structure of search costs can be manipulated by the suppliers of these variants, e.g. by joining an existing market or opening a …

Persistent link: https://www.econbiz.de/10005136540

Heterogeneous Firms, the Structure of Industry, and Trade under Oligopoly

Bekkers, Eddy; Francois, Joseph - C.E.P.R. Discussion Papers - 2008

the impact of globalization on markups and pricing, concentration, and productivity. The model nests two workhorse trade … models, the Brander & Krugman reciprocal dumping model and the Ricardian technology-based trade model, as special cases. We … of zero trade flows and the pattern of export prices, and on cross-country and industry variations in industrial …

Persistent link: https://www.econbiz.de/10005504701

The Impact of R&D Subsidies on the Introduction of New Products by Incumbent Firms

Siebert, Ralph - C.E.P.R. Discussion Papers - 2003

This Paper analyses the impact of R&D subsidies on incumbent firms to introduce new goods. We are especially interested in investigating various consequences of government subsidies for R&D, provided to firms that offer products of different qualities. This study examines the incentives of...

Persistent link: https://www.econbiz.de/10005504784

Empirical Games of Market Entry and Spatial Competition in Retail Industries

Aguirregabiria, Victor; Suzuki, Junichi - C.E.P.R. Discussion Papers - 2015

We survey the recent empirical literature on structural models of market entry and spatial competition in oligopoly retail industries. We start with the description of a framework that encompasses various models that have been estimated in empirical applications. We use this framework to discuss...

Persistent link: https://www.econbiz.de/10011165645